LTM Ltd.
IT · NSE
52-week range
₹4,000 – ₹5,195
From 52w high
-16.2%
RSI (14)
46.6
vs SMA 50 / 200
↓ 50 · ↓ 200
LTIMindtree, recently rebranded as LTM, is an NSE-listed mid-to-large IT services company trading at ₹4,361, 16% below its 52-week high and marginally below its 50-DMA of ₹4,380. Q4FY26 results showed 44% year-on-year profit growth with a ₹53/share dividend declared, while the company reported plans to double revenue over five years. With a quality score of 58 and ROE of 21.3%, LTM sits in the middle of its IT peer group on most metrics.
- ✓5-year earnings CAGR of 23.4% outpaces the 5-year revenue CAGR of 6.1%, indicating meaningful margin expansion over the period.
- ✓FCF was positive in 4 of the available tracking years, and ROE has exceeded 15% in 4 of those years, reflecting a degree of capital discipline.
- ✓Forward PE of 18.7 represents a 27% compression from the trailing PE of 25.8, consistent with analyst consensus projecting earnings growth ahead.
- ✓Dividend yield of 1.72% with a ₹53/share Q4FY26 dividend declared suggests the company is returning capital to shareholders alongside growth investment.
- ✗Debt-to-equity of 9.58 is a material outlier relative to IT services sector norms; large-cap peers such as TCS, Infosys, and HCL Tech carry D/E well below 1.0, and LTM's rising debt trend adds to this concern.
- ✗Quality consistency score of 51 out of 100 and a debt trend classified as rising indicate that the strong earnings growth has not been uniformly reflected in balance-sheet quality.
- ✗LTM ranks 5th of 6 IT peers on ROE (21.3% vs sector leader TCS at 48.4% and Infosys at 31.4%), placing it in the lower half of the peer group on return efficiency.
- ✗Technical data is incomplete with only 53 bars available; SMA-200, 1-year price change, and 3-month price change are all unavailable, limiting the ability to assess medium-term price trend.
- ·LTM reported Q4FY26 revenue of $4.76 billion and PAT of ₹5,379 crore, with management articulating a plan to double revenue within five years, as covered by NDTV Profit and scanx.trade in late April 2026.
- ·The company completed a rebranding from LTIMindtree to LTM and was named a leader in HFS Next-Gen IT Infrastructure Services, signalling a strategic positioning shift toward infrastructure and AI-adjacent services.
- ·News sentiment across 8 recent articles was 3 positive and 5 neutral with zero negative items; however, the small sample size limits the reliability of this signal.
- ?Does the D/E ratio of 9.58 reflect off-balance-sheet financing structures, lease liabilities, or operating leverage common in IT service contracts, and how does its composition compare to sector norms?
- ?Is the 23.4% 5-year earnings CAGR driven by margin improvement, revenue mix shift, or one-time items, and is it expected to persist at a similar rate given the 6.1% revenue CAGR?
- ?How does the rebranding from LTIMindtree to LTM and the pivot toward infrastructure services affect the competitive positioning against HCL Tech and TCS, which rank higher on both ROE and quality score?
- ?What proportion of revenue is derived from discretionary IT spend categories most sensitive to global macro conditions, and how has the revenue mix shifted across geographies over the past three years?
PE
25.8
Forward PE
18.7
ROE
+21.3%
Profit margin
+11.9%
D/E
9.58
Dividend yield
+1.7%
Quality score
58/100
ROE 5y above 15%
4/5 yrs
FCF 5y positive
4/5 yrs
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.Analysis generated 11 May 2026.